We adopt a structured, diversity and equal pay claim proofed approach to building reward systems which are transparent, participative and meet requirements of the Equality Act 2010.
But above all, our approach is business friendly, centred on affordability and geared to rewarding contribution and achievement, attracting, motivating and retaining employees of the required calibre.
The following links will help you understand the most cost effective way to build and maintain performance related and competence based reward structures, recognising career groups and job families.
- Pay Audit
- Pay & Grading Systems Maintenance
- Equal Pay Claims
- Equal Pay Review / Healthcheck (try a Free Equal Pay self-rating)
- Job Evaluation
- Job Grading
- Performance Bonuses, Incentives and Benefits
- Performance Related Pay - Appraisal, Competencies and Performance Management
- Pay/Reward Surveys
- Senior Executive Reward & Board Pay
Creating Employee Commitment & LTIPs
The Coalition Government is committed to involving all in contributing to the way forward.
This approach works well not just in traditional Partnership firms but throughout the Private sector and increasingly will become the model for Public Service delivery.
A sense of belonging, promoting individual contribution and commitment can be created through the reward structure. For instance Long Term Incentive Plans (LTIPs ) that do not necessarily dilute the ownership of the business have an important part to play .